Consolidating the shares makes it easier for companies to raise capital as the discounts don't have to be so great. That's why companies do it. The line that it eliminates day traders is not right because doesn't matter what the share price people will day trade the shares.
1.4 cents nearly gone. Where's the bottom of akk
AKK Price at posting:
1.3¢ Sentiment: None Disclosure: Not Held
